CTRI (Centuri Holdings) Retained Earnings : $-161 Mil (As of Sep. 2024)

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What is Centuri Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Centuri Holdings's retained earnings for the quarter that ended in Sep. 2024 was $-161 Mil.

Centuri Holdings's quarterly retained earnings increased from Mar. 2024 ($-169 Mil) to Jun. 2024 ($-157 Mil) but then declined from Jun. 2024 ($-157 Mil) to Sep. 2024 ($-161 Mil).

Centuri Holdings's annual retained earnings declined from Dec. 2021 ($203 Mil) to Dec. 2022 ($23 Mil) and declined from Dec. 2022 ($23 Mil) to Dec. 2023 ($-144 Mil).

Centuri Holdings Retained Earnings Historical Data

The historical data trend for Centuri Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Centuri Holdings Retained Earnings Chart

Centuri Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

203.14

23.11

-144.11

Centuri Holdings Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial					-	-144.11	-169.02	-157.27	-160.97

Centuri Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Centuri Holdings (NYSE:CTRI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Centuri Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027

Website

https://www.centuri.com

Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.